Abercrombie Turnaround Plan Showing Results

adcelannotate = {"mobilepaywallcategory" : "MOBILE_PREM-BUSINESS","nativepaywallcategory" : "NATIVE_PREM-BUSINESS"};Abercrombie & Fitch’s massive turnaround plan began to bear fruit during the second quarter as the New Albany-based retailer beat both Wall Street’s earnings expectations and its own predictions. “Our results exceeded what we signaled in our first-quarter earnings call and give us confidence that we are on the right track, although we recognize that we still have much to achieve,” said Arthur Martinez, executive chairman, in a conference call with analysts.